Interest Rate Reduction Refinance Loan
One factor many people pay close attention to when getting a new mortgage is the interest rate. It makes sense. This number dictates how much your mortgage payment is each month. A higher rate means a higher payment. On a VA loan, it makes sense that the VA sets the interest rates, but they don’t. […]
A cash-out refinance taps into the equity of your home. This is money left over in the value of your home after you subtract your current mortgage amount. Whether your home appreciated or you paid your current loan down, you have equity. The equity is yours to use, up to a certain extent. Many lenders […]
You want to refinance to save money, right? This usually means securing a lower interest rate. The VA IRRRL program makes it simple to achieve this goal. But just how do you get the best rate? There are many factors at play here. You cannot just say you want to lower your rate and get […]
